Marie Madellene

Marie Madellene is 62 years old, married, and the mother of five children. She lives with her husband and children in the Sébougou neighborhood, Cercle of Ségou (fourth administrative region of the republic of Mali).

Since she did not attend school, due to social circumstances, Marie Madellene got involved in income-generating activities at a very young age, following her mother who was selling condiments. After several years of apprenticeship alongside her mother, she ended up conducting several activities by herself (selling clothes and shoes etc.) long before she started selling groundnuts. Marie Madellene has now been involved in this activity for 18 years and she enjoys a good network of customers. She owes her strength as a seller to her ability to build customer loyalty, to her reasonable prices and to the good quality of her merchandise.

She turned to Soro Yiriwaso in order to increase her business and to meet customer demand. She has been a client of Soro Yiriwaso for the past six years and has already taken one solidarity loan and one individual loan, which have all been duly repaid. This loan, her second individual loan, will be used to buy 15 bags of groundnuts. She buys her merchandise from producers, in the town of San.

Marie Madellene sells for cash and on credit to a customer base which mostly consists of women. Thanks to this loan, she is expecting to make a monthly profit of 60,000 CFA francs, which will help her to take care of the family's expenses and to increase her business.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.